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the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have no

the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have no other liabilities other than the debt shown. (All dollars are in millions.) Earnings before interest and taxes Atlantic Corporation $ 540 Pacific Corporation $ 540 Debt (at 7% interest) Equity a. Calculate each company's ROE, ROA, and ROIC. Note: Round your answers to 1 decimal place. Atlantic Corporation Pacific Corporation ROE ROA ROIC % % % % % % $ 310 $ 1,060 $ 1,640 $ 370

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